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defer the issuance of the Writ of Possession as this does not affect PNBs right to possess the
subject property. Thus, there was no reason for Judge Venadas, Sr. to hold in abeyance the
implementation of the Writ of Possession. Clearly, he committed grave abuse of discretion in
issuing the assailed Order holding in abeyance the implementation of the Writ of Possession
because PNB, as the registered owner, is entitled to the possession of the subject property as a
matter of right.